PNC announced it will redeem a total of $1.75 billion in senior bank notes on January 15, 2026, a year ahead of their original maturity. The redemption includes $500 million of senior floating rate notes and $1.25 billion of 4.775% senior fixed rate/floating rate notes, both originally due January 15, 2027.

The notes will be redeemed at 100% of principal plus any accrued and unpaid interest up to the redemption date, after which interest will stop accruing. Payments will be made through The Depository Trust Company.

Source: PR Newswire, PNC Financial Services Group press release, January 6, 2026.